Banco Santander SA (SAN) Trading Up 1.9%
Banco Santander SA (NYSE:SAN)’s share price was up 1.9% on Wednesday . The company traded as high as $4.35 and last traded at $4.34, with a volume of 2,306,370 shares. The stock had previously closed at $4.26.
A number of equities analysts have recently weighed in on SAN shares. Bank of America Corp. downgraded Banco Santander SA from a “neutral” rating to an “underperform” rating in a research note on Wednesday, July 20th. Goldman Sachs Group Inc. restated a “buy” rating on shares of Banco Santander SA in a research note on Wednesday, June 29th. Zacks Investment Research downgraded Banco Santander SA from a “hold” rating to a “sell” rating in a research note on Thursday, July 21st. Deutsche Bank AG restated a “neutral” rating on shares of Banco Santander SA in a research note on Wednesday, June 22nd. Finally, Citigroup Inc. restated a “buy” rating on shares of Banco Santander SA in a research note on Wednesday, July 20th. Six analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $4.50.
The stock’s 50 day moving average price is $4.17 and its 200 day moving average price is $4.36. The firm has a market cap of $69.01 billion and a price-to-earnings ratio of 13.01.
The firm also recently announced a dividend, which was paid on Monday, August 8th. Shareholders of record on Friday, July 29th were paid a dividend of $0.047 per share. This is a positive change from Banco Santander SA’s previous dividend of $0.04. The ex-dividend date of this dividend was Wednesday, July 27th.
Banco Santander, SA is a retail and commercial bank. The Bank’s principal business is to attract deposits and provide loans. The Bank focuses its wholesale banking offer on providing services to its main customers in local markets. The Banks segments include Continental Europe, United Kingdom, Latin America and United States.